Wednesday, April 3, 2019

Brexit: In the End, the U.K.'s Choice Will Be Stay or Go - Bloomberg

Brexit: In the End, the U.K.'s Choice Will Be Stay or Go - Bloomberg



...On Tuesday, the prime minister said she’d seek the Labour Party’s help in adjusting the nonbinding political declaration that goes with the deal, in an effort to get Parliament’s backing.

If MPs do finally go along, they’ll soon find that their compromise doesn’t work, and that Britain hates its new relationship with the European Union even more than the old one.
Deep down, most of the country’s politicians understand this, I suspect, but can’t bring themselves to confront the implications. Their preference for denial explains why, after years of agonizing, and just nine days away from a chaotic unplanned exit, the House of Commons has not only rejected May’s deal over and over, but has also just said no to 12 other motions positing a way out of the mess...
... it’s right to look for a middle way that most can live with. The mistake is to assume that a workable compromise is always there to be found. Once in a while, a hard choice cannot be finessed: ...
...Norway-plus, or Common Market 2.0....Nick Boles,... could have been a workable temporary arrangement.  if Europe would allow single-market members that aren’t part of the EU a full say in developing the market’s rules. But Europe won’t countenance that. ...The proposed arrangement would therefore leave the U.K. as a powerless rule-taker across a wide and ever-widening span of trade and economic policy.
...Britain has two workable choices. It can stay and make the best of it, while continuing to press for reform from within. Or it can leave, meaning all the way out,...



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